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Company Let Agreement
"I need a Company Let Agreement for a 5-year lease of a 500sqm office space in Jakarta's business district, starting March 1, 2025, with specific provisions for IT infrastructure and 24/7 access."
1. Parties: Identification of the lessor and lessee companies, including their complete legal names, registration numbers, and authorized representatives
2. Background: Context of the agreement, brief description of the property, and the parties' intentions
3. Definitions: Definitions of key terms used throughout the agreement
4. Demise: Formal grant of the lease and description of the leased premises
5. Term and Renewal: Duration of the lease, commencement date, and renewal provisions
6. Rent and Payment Terms: Rent amount, payment schedule, method of payment, and late payment consequences
7. Security Deposit: Amount, terms, and conditions for the security deposit
8. Permitted Use: Specified allowed uses of the premises and any restrictions
9. Maintenance and Repairs: Responsibilities of both parties regarding property maintenance and repairs
10. Utilities and Services: Provisions for utilities, services, and related charges
11. Insurance: Required insurance coverage for both parties
12. Alterations and Improvements: Terms for making changes to the premises
13. Assignment and Subletting: Conditions under which the lease may be assigned or the premises sublet
14. Termination: Grounds and procedures for early termination
15. Default and Remedies: Events of default and available remedies
16. Governing Law and Dispute Resolution: Applicable law and methods for resolving disputes
17. Notices: Process and addresses for formal communications between parties
18. Execution: Signature blocks and execution requirements
1. Force Majeure: Provisions for unforeseen circumstances, particularly relevant in areas prone to natural disasters or political instability
2. Environmental Compliance: Special provisions for properties where environmental regulations are particularly relevant
3. Parking: Specific terms for parking facilities if applicable to the property
4. Signage Rights: Terms for external and internal signage if relevant to the tenant's business
5. Common Areas: Rules and cost sharing for common areas in multi-tenant buildings
6. Building Management: Specific provisions for managed buildings with shared facilities
7. Break Clause: Optional early termination rights for either party
8. Fit-out Works: Terms for initial tenant improvements and modifications
9. Green Building Requirements: Special provisions for environmentally certified buildings
1. Schedule 1 - Property Description: Detailed description of the premises including floor plans and measurements
2. Schedule 2 - Rent Review Provisions: Detailed mechanism for rent reviews if applicable
3. Schedule 3 - Service Charges: Breakdown of service charges and calculation method
4. Schedule 4 - Building Rules and Regulations: Specific rules governing the use of the building
5. Schedule 5 - Condition Report: Initial condition of the premises with photographs
6. Schedule 6 - Permitted Alterations: Pre-approved alterations or modifications
7. Schedule 7 - Insurance Requirements: Detailed insurance requirements for both parties
8. Appendix A - Required Licenses and Permits: List of necessary governmental approvals and permits
9. Appendix B - Handover Protocol: Procedures for property handover at start and end of lease
Authors
Building
Business Day
Commencement Date
Common Areas
Company Regulations
Condition Report
Default Interest Rate
Demised Premises
Environmental Laws
Events of Default
Force Majeure Event
Group Company
IMB (Izin Mendirikan Bangunan)
Initial Term
Insured Risks
Landlord's Fixtures
Lease Year
Local Authority
Notarial Deed
Outgoings
Permitted Use
Planning Laws
Premises
Property
Quarter Day
Rent
Rent Commencement Date
Renewal Term
Security Deposit
Service Charge
Service Media
SHGB (Hak Guna Bangunan)
Signing Date
Tenant's Fixtures
Term
Termination Date
Utilities
VAT
Working Hours
Term
Rent
Security Deposit
Service Charge
Insurance
Repair and Maintenance
Alterations
Permitted Use
Assignment and Subletting
Utilities
Property Access
Default and Remedies
Force Majeure
Termination
Building Rules
Health and Safety
Environmental Compliance
Common Areas
Signage
Parking
Building Services
Quiet Enjoyment
Landlord's Covenants
Tenant's Covenants
Registration Requirements
Dispute Resolution
Governing Law
Indemnification
Notices
Representations and Warranties
Entire Agreement
Severability
Stamp Duty
Costs and Expenses
Real Estate
Commercial Property
Retail
Manufacturing
Technology
Professional Services
Financial Services
Healthcare
Hospitality
Education
Logistics
Telecommunications
Legal
Finance
Operations
Facilities Management
Real Estate
Corporate Services
Risk & Compliance
Administration
Property Services
Business Development
Chief Executive Officer
Chief Financial Officer
Legal Counsel
Property Manager
Facilities Manager
Real Estate Director
Operations Manager
Company Secretary
Finance Director
Compliance Officer
Business Development Manager
Asset Manager
Property Services Manager
Corporate Services Director
Risk Manager
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